Last updated
Average Rent in Provo UT & Rent Trends
Rent prices and market trends across 1 apartment community in Provo UT. Updated daily.
Market Average
$1,264/mo
Lowest Available
$1,264/mo
cheapest unit on market
Communities
1
tracked daily
Units Listed
1
available now
Is Rent Going Up or Down in Provo UT?
As of May 2026, the average rent in Provo UT is $1,264 per month across 1 apartment community and 1 available units.
The most affordable option is Parkway Lofts starting at $1,264/mo. By unit type, a studio averages $1,264/mo.
Prices range from $1,264 to $1,264 per month. The most common price point is the $1,200 range, where 1 units are currently listed.
Provo UT Rent Price History
Collecting price history
Daily snapshots are being recorded. Trend charts will appear once we have enough data points.
Rent by Bedroom Type in Provo UT
Rent Prices by Apartment in Provo UT
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Parkway Lofts | $1,264/mo | $1,264/mo | 1 | 3.5 |
Google Search Trends for Provo UT Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Frequently Asked Questions About Rent in Provo UT
What is the average rent in Provo UT?
Is rent going up or down in Provo UT?
What is the cheapest apartment in Provo UT?
How many apartments are available in Provo UT?
What salary do I need to live comfortably in Provo UT?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$51,000/year
30 percent rule -- using our average rent of $1,264/mo.
Comfortable income
$61,000/year
25 percent rule -- leaves more room for savings, transport, and groceries.
Median household income in Provo UT is $62,800 , about 4% above the comfortable-living threshold.
Cost of living in Provo UT
Overall prices in Provo UT runs below the national average by about 4% (BEA Regional Price Parity index 95.7, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Provo UT's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,264 |
| Utilities | $461 |
| Groceries | $511 |
| Transportation | $1,099 |
| Healthcare | $536 |
| Other goods and services | $858 |
| Estimated total | $4,730/mo |
Population
114,303
Median household income
$62,800
Census median rent
$1,152/mo
Rent as % of income
30.9%
Median age
23.7
Mean commute
19 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Explore Provo UT Apartments
Browse all 1 communities with daily-updated pricing and availability.